Trifast plc (LON:TRI - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 75.43 ($1.00) and traded as low as GBX 66 ($0.88). Trifast shares last traded at GBX 69.40 ($0.92), with a volume of 128,002 shares changing hands.
Trifast Stock Performance
The stock has a market capitalization of £92.69 million, a price-to-earnings ratio of -20.90 and a beta of 1.16. The company has a current ratio of 3.46, a quick ratio of 1.78 and a debt-to-equity ratio of 48.54. The firm has a 50-day moving average of GBX 66.02 and a 200-day moving average of GBX 75.23.
Trifast Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 6th were paid a GBX 0.60 ($0.01) dividend. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend was Thursday, March 6th. Trifast's payout ratio is -62.39%.
Insider Activity at Trifast
In other Trifast news, insider Nicholas Mills purchased 347,500 shares of Trifast stock in a transaction that occurred on Wednesday, March 26th. The stock was bought at an average price of GBX 69 ($0.92) per share, with a total value of £239,775 ($318,976.99). Also, insider Clive Watson bought 20,000 shares of the firm's stock in a transaction dated Thursday, April 10th. The shares were acquired at an average price of GBX 62 ($0.82) per share, for a total transaction of £12,400 ($16,495.94). 13.71% of the stock is owned by insiders.
About Trifast
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About Trifast plc (LSE Main listing: symbol: TRI)
Founded in 1973, Trifast is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings. From locations across key regions in the UK & Ireland, Asia, Europe, and North America, the Group supplies customers in c.70 countries across a wide range of industries, including automotive, smart infrastructure and medical equipment.
Through our Engineering application expertise we deliver comprehensive support to our OEM and Tier 1 customers across every requirement, from concept design through to technical engineering consultancy, manufacturing, supply management and global logistics.
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